Bitcoin Cash

Elite

Bitcoin

Captain

Shiba Inu

<p>Prominent crypto analysts and influencers are urging retail investors to hold onto their Bitcoin holdings, despite the recent price correction that saw the flagship cryptocurrency dip around 20% from its recent highs above $70,000.</p>
<p><a href="https://twitter.com/Ashcryptoreal/status/1770129133403537529?t=lxmEhj1euLlOj8Qf0ySo8A&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">Ash Crypto</a>, a well-known Bitcoin bull with a large following on X, took to Twitter to reassure investors that the dip was merely a “pending 20% correction” after Bitcoin’s strong rally from $28,000 to over $73,000. In his tweet, he cautioned against <em>“panicking and selling your coins to [institutional investors] and other whales,”</em> suggesting that selling during the dip would only benefit large investors looking to accumulate more BTC at lower prices.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Explosion in Meme Coin Market; How to find potential successors to $WIF, $PEPE, and $BONK? <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;">
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p>The key? Getting in early, especially during the <strong>ICO phase</strong>. Check out <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"><strong>NuggetRush</strong></a> today! This new memecoin combines play-to-earn gaming with authentic gold mining ventures. <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"><strong>Seize the opportunity</strong></a> with ongoing presale prices! Plus, prepare for $NUGX’s upcoming launch on major exchanges.</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<p><em>“We are in a Bull market, come out of your bear market PTSD coz 100x gains are coming,” </em>Ash Crypto added, referring to the psychological impact of the prolonged crypto winter that preceded Bitcoin’s recent surge. He seems to believe that this correction is temporary and that much larger gains lie ahead for those who remain patient and hodl (hold on for dear life) their Bitcoin.</p>
<p>Another analyst,<a href="https://twitter.com/CryptoFaibik/status/1770028902523584592?t=k-ZEoAvkAQ0osS3DnKR_kQ&amp;s=19" target="_blank" rel="noopener noreferrer nofollow"> Captain Faibik</a>, echoed similar sentiments, declaring that the “13% Correction” for Bitcoin was “done” following the “Wedge Downside Breakout.” Faibik expressed confidence that Bitcoin would soon reclaim the $70,000 level, tweeting “Now, Let’s Send it back above 70k..”</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="489" src="https://captainaltcoin.com/wp-content/uploads/2024/03/image-858-1024x489.png" alt="" class="wp-image-455859" srcset="https://captainaltcoin.com/wp-content/uploads/2024/03/image-858-1024x489.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-858-300x143.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-858-766x366.png 766w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-858-1536x734.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-858-2048x978.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-858-314x150.png 314w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-858-100x48.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-858-733x350.png 733w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-858-788x376.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-858.png 900w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>It’s worth noting that the terms “wedge” and “downside breakout” refer to technical analysis patterns used by traders to identify potential reversals or continuations in price movements.</p>
<p>While past performance is no guarantee of future results, the optimism expressed by these influential voices in the crypto community highlights the continued bullish sentiment surrounding Bitcoin, even in the face of volatile price swings. As the market continues to evolve, investors will likely continue to closely monitor the analysis and predictions of respected figures like Ash Crypto and Captain Faibik.</p>
<p>You may also be interested in:</p>
<ul>
 <li><a href="https://captainaltcoin.com/polkadot-looks-good-long-term-says-elite-trader-predicts-new-ath-for-dot/" target="_blank" rel="noopener noreferrer nofollow">Polkadot ‘Looks Good’ Long-term Says Elite Trader, Predicts new ATH for DOT</a></li>
 <li><a href="https://captainaltcoin.com/this-indicator-nailed-polygon-matic-price-predictions-since-mid-february-heres-what-it-flashes-now/" target="_blank" rel="noopener noreferrer nofollow">This Indicator Nailed Polygon (MATIC) Price Predictions Since Mid-February: Here’s What It Flashes Now</a></li>
 <li><a href="https://captainaltcoin.com/the-next-big-meme-koala-coin-klc-gains-rapid-popularity-among-shiba-inu-shib-bitcoin-cash-bch-supporters/" target="_blank" rel="noopener noreferrer nofollow">The Next Big Meme: Koala Coin (KLC) Gains Rapid Popularity Among Shiba Inu (SHIB) &amp; Bitcoin Cash (BCH) Supporters</a></li>
</ul>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/Copy-of-P2P-Review-17-qi3pqhl3pi3mlojv8nq0upz5rcb68rblc7kuvhcaou.png" width="500" alt="Check NuggetRush ($NUGX)" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-nuggetrush-nugx-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check NuggetRush ($NUGX)</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy NUGX Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Being in its <strong>ICO stage</strong>, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>A unique <strong>play-to-earn</strong> gaming platform in the memecoin market <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>The platform combines artisanal and <strong>gold mining</strong> with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Fosters a strong <strong>community </strong>by encouraging physical meetups among members <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i><strong>NFT</strong> Integration with Prominent Characters
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/experts-warn-against-panicking-and-selling-bitcoin-to-whales-agree-on-next-btc-price-direction/" rel="noopener noreferrer nofollow">Experts Warn Against ‘Panicking and Selling’ Bitcoin to Whales, Agree on Next BTC Price Direction</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Experts Warn Against ‘Panicking and Selling’ Bitcoin to Whales, Agree on Next BTC Price Direction

Table of Contents

CaptainAltcoin

Other articles published on Mar 20, 2024

Uno Re partners with Uma Protocol

Countdown Begins for Critical FED Meeting: What Will Bitcoin Do?

Spot Bitcoin ETFs Cumulative Trading Volume Surpassed $150B

As BTC Drops Below $65K, Anthony Pompliano Says, 'This Is A Very Very Small Drawdown Compared To ...

XRP Crypto Forecast: A Bullish and Bearish Outlook For 2024?

Cardano (ADA) Analyst Predicts Potential Price Surge

Join our free newsletter for daily crypto updates!